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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: billwot who wrote (13976)	12/4/1997 2:12:00 PM
From: Sonny McWilliams	Read Replies (1) \| Respond to of 27012

billwot, you can off-set ANY stock profits with stock losses. I did understand your post. But by the time I read it you had an answer already. Not the one I discussed with derek. ANY stock sold at a profit to off-set a loss can be repurchased again immediately. Only the stock sold at a loss has to wait those 30 days. If you are planning to use your deep in the money Intel you might want to reconsider. Deep in the money may fall under the new cheaper tax. If you have some later ones with profits, sell enough of those. Or sell any near-term profit stock and buy it back if you want to. Don't give up 20% tax for 28% tax. If you have to sell too many to off-set, buy them right back. Am I making myself clear? Post back if I confused you. Something to think about until you hear from your daughter. Sonny